Zachy

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Zakat is a donation of certain types of property when the conditions are met. It reminds us that material prosperity is linked to responsibility to God and to helping people. The Quran commands to pay the zakat.[1] Zakat is different from voluntary charity - zakat.

When it becomes mandatory

The following details relate to the practical study of fiction. For money savings, the property minimum - the nisab - and the passage of a lunar year under the appropriate conditions are taken into account. The standard rate for savings is 2.5%, which is forty-one. The figure of 2.5% and the year's condition are not mentioned in the verse 2:43. Agricultural products, livestock and other types of property have their own rules; the rate of 2.5% is not applied equally to everything.

A simple example

If after checking all conditions a rate of 2.5% is applied to the sum of 100 000 money units , the calculation is as follows: 100 000 × 0,025 = 2 500. This is an example of arithmetic. He does not decide for himself whether the niqab is reached or whether the obligatory payment of the zakat has arisen.

Who is given the zakat?

The Quran lists categories of recipients, including poor, needy and people burdened with debt.[2] So the zakat is not equal to any charitable expenditure. Before paying, the type of property, the conditions of the settlement and the right of the recipient are determined. In particular, debts, trade or jewelry matters are addressed to an expert in Islamic law.

Sources